Hi-Tech Safety Features Cost More to Insure

| posted in Blog

Many people assume that safer cars always mean lower insurance rates. While this used to be true in the days of daytime running lights being a major safety innovation, many of today’s advanced safety features do not lower premiums. Hi-tech features that require apps, computers and other expensive electronics to function are actually more expensive to insure. High safety vs. high cost Some of the best modern cars boast crash-prevention systems and other state-of-the-art technologies. From blind-spot detection to parking assist, features that include sensors and cameras are costly but are included on most modern vehicles. One of the reasons…
Read More